Description
Oftentimes in LLCs and partnerships, compensatory partnership interest is intertwined with operational issues and dependent upon performance and profit. Structuring equity compensation plans that address business success as well as tax considerations is key to avoiding common pitfalls that can lead to disastrous tax consequences and disharmony between equity members. As counsel, you must be aware of the range of scenarios and traps and know how to appropriately address these complicated compensation issues when advising on compensation income.
What You Will Learn
There are a wide range of standard and alternative compensation options for equity members of LLCs and partnerships, each bringing a set of advantages and disadvantages. Join us for this 90-minute webcast that will review the fundamental aspects and tax considerations in structuring equity compensation arrangements used by LLCs and partnerships.
Topics include:
Partnership interest
Profits interest
Profits Interests vs. capital interests
Dual status of partners
Self-Employment Contributions Act